Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Conduit CEO adds 25,000 shares to his holding

(Sharecast News) - Reinsurance specialist Conduit Holdings was in focus on Tuesday, after its chief executive officer bought 25,000 shares across five transactions. The company disclosed that Trevor Carvey paid an average of 314.6p across the investments, spending a total of £78,660.

In the first tranche of 5,000 shares, Carvey paid 320p per share for a total of £16,000, while in the second he paid 318.5p each for a value of £15,925.

Carvey paid 314.7p for each share in the third transaction, spending 15,735, while in the fourth he paid 312p per share for a total of £15,600.

In the fifth and final tranche of 5,000 shares, Conduit said the CEO paid 308p for each share, valuing the transaction at £15,400.

All of the transactions took place on Friday, and the company confirmed that Carvey's total shareholding now stood at 295,630 of its shares.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Conduit Holdings Limited Com Shs (di) (CRE) Director name: Carvey,Trevor Amount purchased: 5,000 @ 320.00p Value: £16,000.00

Conduit Holdings Limited Com Shs (di) (CRE) Director name: Carvey,Trevor Amount purchased: 5,000 @ 318.50p Value: £15,925.00

Conduit Holdings Limited Com Shs (di) (CRE) Director name: Carvey,Trevor Amount purchased: 5,000 @ 314.70p Value: £15,735.00

Conduit Holdings Limited Com Shs (di) (CRE) Director name: Carvey,Trevor Amount purchased: 5,000 @ 312.00p Value: £15,600.00

Conduit Holdings Limited Com Shs (di) (CRE) Director name: Carvey,Trevor Amount purchased: 5,000 @ 308.00p Value: £15,400.00

Share this article

Related Sharecast Articles

Director dealings: Panther Metals chairman ups stake
(Sharecast News) - Panther Metals revealed on Monday that chairman Nicholas O'Reilly had acquired 179,529 ordinary shares in the London-listed mineral exploration company.
Director dealings: Brickability director lowers stake
(Sharecast News) - Brickability revealed on Thursday that non-executive director Clive Norman had disposed of 400,000 ordinary shares in the AIM-listed building materials company.
Director dealings: Keywords Studios director makes share purchase
(Sharecast News) - Keywords Studios revealed on Wednesday that non-executive director Don Robert had acquired 4,700 ordinary shares in the AIM-listed video game industry services company.
Director dealings: Dunelm non-executive director makes share purchase
(Sharecast News) - Dunelm revealed on Tuesday that non-executive director Ajay Kavan had acquired 2,471 shares in the FTSE 250-listed homewares retailer.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.